Trade Idea 13 May 2016: NZDUSD

Today at 7.16am, we got a news announcement from NZD earlier which creates some upside to the currency. We can see that NZDUSD is in a consolidation but seems to be going to the upside. Same with the NZDJPY pair. Those who are bullish will be longing these pairs as...

Weekly Review: Top in US Index

This week had certainly been exciting as we get to have big moves in the market due to Japan’s monetary policies and some dumping of stocks. Let take a look at the charts. Update on Dow Jones Index US30 Looks like Dow Jones Index couldn’t hold the 18,000...

Weekly Review: Rally Top in US?

Last week was certainly volatile for the currency market because of the Euro side where no change interest rates and rumours of Japan lowering its interest rates to negative. Let’s take a look at the charts. Update on Dow Jones Index US30 We had a good rally in...

Weekly Review: Rally in US Stocks

It was a boring week for the currency markets as prices seem to get stuck in a consolidation. Let’s take a look at the following charts. Update on Dow Jones Index US30 The market was jittery last week when we last looked. However, the crude oil rally and the...